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December 03, 2010

Alderbrooke Apartments Sells for $9.4 Million

LYNNWOOD, WA - Alderbrooke Associates, LLC completed the sale of Alderbrooke Apartments, a 115-unit garden style apartment complex located at 18505 36th Avenue West in Lynnwood, for $9.4 million to Seattle area investor, Alderbrooke Investments, LLC. Jim Nichols of GVA Kidder Mathews represented both the buyer and the seller in the transaction.

Alderbrooke Investments is a private investment trust that own over 1200 apartment units in the Greater Seattle Area.

GVA Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with more than 200 brokers in 9 offices in Washington, Oregon, and California performing $6 billion in transactions over the last 3 years. For more information, go to: www.gvakm.com

For inquiries, please contact Karen Benoit at 206.296.9600 or email: kbenoit@kiddermathews.com

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